Bitcoin whale that sat through the March 2020 crash moves $378 million
A bitcoin whale that received coins days before the Covid crash and sat through it has moved millions onchain. Source:CoinDesk
South Korea moves to block 27 crypto websites, including KuCoin, MEXC
Authorities said the restrictions are aimed at unregistered exchanges and have acknowledged that customers could have difficulty withdrawing assets.…
The global economy is starting to look K-shaped. Here are the winners and losers, and where the U.S. fits.
IMF sees a split global economy, with countries less exposed to the oil shock and benefiting from AI demand pulling ahead Source:MarketWatch
Meta launches Muse Wonder AI models, challenging top rivals
Meta cofounder Mark Zuckerberg said its newest models are a step toward “personal superintelligence.” Source:Cointelegraph
Aptos rolls out Encrypted Mempool to curb frontrunning, sandwich attacks
The optional feature hides transaction details until their order is finalized, preventing bots from exploiting pending trades. Source:Cointelegraph
Nvidia and AMD shares fall as new AI announcements fail to re-energize investors
The chip makers introduced hardware and software designs for future AI data centers, but the revenue potential is still far out, an analyst says.…
FTX’s crypto mining venture is now used to advance AI
The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022. Source:Cointelegraph
Why Ciena, Lumentum and other optical stocks were among the market’s biggest losers on Monday
The sharp moves could partly be a reaction to recent cautious commentary on AI spending. Source:MarketWatch
Meta is back on the AI leaderboard with its new family of Wonder models
The company’s stock was up more than 3% following the release of Muse Wonder and Muse Wonder Full, which analysts expect to drive new business opportunities.…
Trump’s ‘energy ceasefire’ collides with real-world problems of dwindling fuel supplies
Oil markets were struggling on Monday to gauge how President Donald Trump’s new declaration of an “energy ceasefire” between Russia and Ukraine might help…
Bitcoin miners face widening AI financing costs as lenders scrutinize deals
The Bitcoin mining industry needs roughly $50 billion to complete planned AI infrastructure projects, with IREN, Riot Platforms and HIVE Digital facing major…
These stocks could be the future winners — and losers — of a massive shift in IT spending
As more money flows toward AI software offerings, Salesforce could deepen its customer relationships while Adobe looks vulnerable, analysts say.…